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a bunch of democrats saying we don't want any spending cuts, entitlement cuts, nothing. just pass the debt ceiling. no spending. >> do whatever it takes. apparently the hurdle is some legality. not whether it's a good idea, not whether it calls into question the independence of the central bank, the independence of whether the treasury will now have the new power to print money whatever it has. as long as it's legal. let me tell you. of all these options, the magic coin option, the 14th amendment may be the worst option. it will be challenged in court. the court moves forward. you end up with two classes of u.s. debt, one which people have a lot of confidence in, then this different class of debt which was created under this who knows what new legal authority that they found. >> this is the point. let me go right. the i.o.u. this is interesting. edward klinebard, former chief of staff at the congressional joint committee on taxation is now teaching law at the university of southern california. now, he says that congress has constitutional authority to raise the debt and only the congress.
the wrong thing in america. we subsidize foots that are not good for us. i don't mind having a bun here and there, but with empty calories for the main food fly, our brains are smart. they are looking for nutrients, not calories. if you eat french fries by themselves, they are the single worst food. the average person eating french fries will gain about three poundins a year. a baked potato is fine when the add the sugar and salt and fry them down, our body can't deal with that. you gave me calories, but no nutrients. >> when i came to america, i was struck by two things. one, incredible amount of fast food that you americans guzzle. secondly, the amazing portions that come with almost every meal. you cannot order breakfast without somebody in a restaurant shoveling on potato or fries without anybody asking for it. you just shovel out the food. >> one of the realities -- >> i mean that in a nice way. >> we got comfortable making those portions part of what we do. this is looked at. you move the place size and we have 11 inch plates. that's a lot more food than a nine or seven-inch plate
shot and lie about me. if your position is solid, sell that don't ability like a thug. janet hasson has forfeited her name among responsible journalists. the gab net should understand that and take appropriate action. nothing else. that's the memo. reaction, with us dr. beth nobel who teaches communications at fordham university. newark, delaware, correspondent for cnn who now teaches at the university of delaware. ralph, we get with you, can you defend ms. has son. >> i'm not in the position to defend any individual editor asking a newspaper or any real news organization to keep public information covered up i think is asking a news organization to do something they just don't do. >> bill: so you think that's what this is all about if they didn't publish the information they would have covered it up. >> the information is already public. >> bill: no they got it by a freedom of information ability. >> applied for their permits and they gave up their information. they gave to the government. the government made it public. >> bill: they fought the information. the paper filed a freedom of
days to look on line to find out what did before i sign it. >> citing things that this really don't want us to see. john: what if you are hiding things you don't want the government to see? >> whatever it is that what. >> the founder of with a pds. >> the internet and communication. that would be good. john: the teacher does not have to be good. john: freedom to put up. >> will increase. john: that's our show. ♪ john: what keeps you safe? what prevents fraud? most people you asks a government. government must lay out the rules and nish fraud. protect people. so government regulates. over the years as more regulations and america we now have 170,000 pages of rules. people think we can't live without these, but then came the internet. almost entirely unregulated, and it works. it is given us a new level of freedom. let's call it freedom -- "freedom 2.0". i could not have imagined it before coble, would compete. i assume the services like those could not work. what a joke. who would buy an unseen product from a total stranger without government regulation, it wou make sure that the
investigation into the funding of planned parenthood. since the senate is controlled by democrats, we don't expect that body to cooperate in any investigation. we are asking members of the house to take a hard look at what could be, what could be a gross violation of federal law. we will let you know what congress people step up and agree to do that. and that's the memo. top story tonight opposing point of view with us christina page author of the book how the pro-choice movement saved america? so where am i going wrong here, ms. page? >> you are going wrong on accounting. you are going wrong the -- your assumptions of where this money is being spent. planned parenthood is a healthcare provider. a leading healthcare provider and provides primary healthcare services to millions of americans last year. they provided 11 million services to americans. prevention services. 90% of the services that planned parenthood offers is prevention. that means 41% are std treatment and prevention. >> bill: testing for to see if you have and things like that and that's worthy. >> 32% is contraception. so r
will do at the confirmation hearing. i don't believe there's moral equivalency between the two sides which is the suggestion of that article. >> he believe there is moral equivalency? >> you will have to ask him what he believes. my judgment and knowledge of chuck chuck and my suggestions with chuck would suggest that he wants to see both sides come to the table and find a solution. he spores the peace process. but he is upper most, a very, very strong supporter of the state of israel. he has voted for billions and billions of dollars of aid to israel. i have no question when it comes to challenges that have anything to do with putting israel at risk, chuck hagel will be on israel's side. remember, he is working for a president. and he will follow the poll so i was that president. >> the renew deed bait about iraq is also occurring. the "new york times" writes about that today. in his memoir, he writes something very poignant about the iraq war. he writes, "it all comes down to the fact we were asked to vote on a res lation based on half-truths, untruths and winful thinking. i voted for th
earlier. let's listen to what he had to say. >> you guys don't agree with them. >> we knew going into this meeting what the president's position on so-called assault weapon ban is. the same position he's taken for years. these are not new positions. the vice president had said we do this with an open mind. but at the meeting he said no, we've already made up our mind on that. no, there's not going to be an agreement on that. in a sense they were checking a box. they were able to say we've met with the nra. we've met with the people that are strong second amendment supporters. that doesn't mean that there isn't an area for agreement. >> david keene there president of the nra. the point, mark, it's just -- it's arrogance and it's dangerous arrogance. all the nra spokesmen i see out there, none of them want to entertain any form of gun restrictions whatsoever. they're not interested. doesn't matter how bad the scale of the atrocity is. if you try and seau should you are the ones who are unpatriotic, unamerican, attacking the second amendment. >> well you know, i think gabby and i, i
are not going to want to come as somebody's deputy. i don't know how they're going to fill out the lew treasury department, but i expect they will take some care and attention to tending those relationships. but when you look at the big guns on wall street, they're not going to go in as somebody's number two. >> john, was jack lew the first and only choice? >> that's been the principal focus of speculation from the beginning. i remember having a conversation with roger altman who is a friend of this program and somebody that served in the clinton administration about after the election how the president was going to fill out his cabinet. and he said if you look at the pattern that this president has followed, it has tended to pick people close to him who he feels very comfortable with. the criticism of president obama from some is that he's insular and that he has a very close circle. the positive of that is that it's a pretty cohesive group and he deals with people that he's comfortable with. and jack lew is clearly one of those people. >> you know, john, i know when you read the "new york tim
today. not that a major bank is payg 10 billion smackers to settle some loans with fannie, don't you find it odd that fannie is taking -- when taxpayers continue t get the shaft, a most gang lender -- mortgage lender whose lite bi political s date back to the clinton days? and the beneficiaries of bailout who collective are second to none, that does not make sense. it does not represent so much as a drop in the bucket. government watch dog, said that is the problem with bailouts, taxpayers keep losing out. tconsideratioty young is here t. the markets were sanguine on this, saying no surprise, blah, blah, blah, but i think it is offensive. >> of course, it is offensive, en bank of america took over countrywide loans under tarp the federal government agreed to payback any losses that bank of america had, when bank of america writes a $10 billion check to fannie mae, tax payers will be on the hook, the executives of fan may and freddy hacker losing money, and still getting bonus us. in private sector you get fired. neil: you know what is weird is that. the bank is paying the penalties f
want the factor word book. don't be a poltroon when writing to the factor. and i'm bill o'reilly, please remember that the spin stops right here because we are definitely looking out for you. >> welcome to "hannity" and right behind me sitting in our audience tonight are law abiding new york gun owners. now, their names and addresses were printed by a local new york news, simply because they are legal owners of firearms. thanks to the publisher, the families of the people behind me sitting in our audience have not been at risk and privacy trampled on and tonight they're here to voice their frustrations and fears. we're going to examine what legal action they can take against the blatant invasion of privacy and thanks to all of you for being here. how are you all doing tonight? let me start with a quick show of hands from everybody here, you've all been outed and how many here have been outed, almost everybody, right? you have not and you three, so i want to make sure who has that -- how many of you feel angry about what has happened here? everybody. how many of you feel y
was to the left of tim geithner. he is there to execute the obama tax hike don't reform entitlements policy. >> that is a greaeat point. >> he is there to stabilize the debt. >> this is not a centerist appointment. th mr. geithner, i believe he was a centerist. >> why is he a financial market guy? >> he grew up as a banker. what about larry fink, he is a democrat and well respected by everyone. >> i have a list here. >> jamie diamond. ken chenault. >> you need someone who understands the fiscal books at a time like this. >> we disagree. we don't need someone who understands the books, we need someone who understands where we should go and where those books should take us. and i don't think he does. i don't think they understand fiscal policy better than jack lou. he got you guys a surplus back in the 90s. >> all established people in financial markets all distinguished people who command the respect of not only around here in the new york area but the whole g-20. this is going to be a bad mistake. it may be the haegle of the justice department. >> i'm not sure why you are discounting the fa
too hot and it ripped off her skin, so she's been terrified since then. >> don't tear it. don't tear it. >> it's all done. it's all done. it's all done. it's all done. see, look how pretty it looks. >> it does look pretty. that girl is at least 4 or 5 years old. so, you know, 3, unlike the other kid. being a crusader for hair removal is not for the faint of heart. for the latest activist, farrah abraham, she tweets, quote, unibrows are not sacred, exclamation mark. do the right thing, tweeze no matter what age. now, that is what i call a taking a stand, not to mention waxing poetic on the ridiculist. that does it for us. we'll see you one hour from now. all the latest news at 10:00 p.m. eastern. "piers morgan tonight" starts now. >>> tonight, another school, another shooting. where will it end? >> the shooter had numerous rounds of shotgun shells, 12-gauge shotgun. numerous rounds in his pocket. >> there was blood everywhere. >> now the clock is ticking. what will the white house do? >> even if what we do only saves one life, it makes sense. >> i'll talk to gabby giffords' husband, m
. i don't have any problem, larry, like you, with either one of these provisions. i'm a second amendment supporter and i don't think these go to that level. but at the same token, what happened to mental health? what happened to access to weapons? neither one of these would've blocked the shooting in newtown. >> i don't mean to be rude, but i've got breaking news i've got to pick up. please hang with me. phil lebeau's got breaking news ton the 787 boeing dream liner. phil, if you're out there, tell me what you've got, my friend. >> larry, we have learned that the faa is going to be conducting a special review of the power system in the 787 dream liner. essentially this is the faa saying let's take a pause here and take a look at the design, the manufacturing, how the power system works on the dream liner. let me be clear here, this is a special review. this is not an airworthiness directive. it would be a much more serious matter. and it might involve airlines being told stand down, don't fly this plane. that is not what is happening. airlines that have the dream liner will con
sheets. >> china looking better, europe not as bad. >> you're, i don't know about that. >> well, we call this the economy in a coma. basically without these trillions of dollars of stimulus, we would be in a downturn, in a depression because we also have 42 trillion in private debt, the greatest debt bubble in history and that needs to unwind. basically ben bernanke and the economists are just saying we're just not going to let this slowdown happen. we're not going to let the debt de-leverage. if you don't let the debt de-leverage or restructure japan, the same thing japan has done, quantitative easing forever, you never come out of this because the debt keeps weighing on the economy so not only do you have slowing demographics. we've got a 200 to 300-pound weight on our back and you can't run very fast. we get 2% growth with massive life support. we're in the emergency room on life support only because of this trillions of dollars of stimulus. i guarantee -- >> what's the catalyst? >> you take away this stimulus for one year, and this economy dies. >> harry, stay right there. want to ge
. >> you ready? >> i am. i'm ready. ready to -- i don't know. i'm ready. >> you ready? >> i'm ready. i might -- i don't know. we'll see how i feel. no, i'll be here. >> okay. >> don't worry. >>> let's talk about boeing and the dreamliner. more news on the front page of many papers today. lots of continued problems including this one -- japan's all nippon airways canceled a boeing 787 dreamliner flight scheduled to flight from western japan to tokyo today. the airline citing brake problems. and this add to a series of setbacks for the aircraft this week. yesterday a fuel leak forced another 787 operated by japan airlines to cancel takeoff at boston's logan airport. and on monday, there was an electrical fire on another 787 after a japan airlines flight to boston from tokyo got -- caught fire. boeing's asian customers are rallying behind the planemaker, arguing the incidents are glitches that can happen to new planes. the customers say they have no plans to scale back or cancel orders for the aircraft, but maybe we can take a look at the stock. you can see it's kind of hit over the past
and played -- i don't know. it was bad. >> i really went to bed. >> if i didn't stay up the previous night -- >> i know. >> you didn't stay up for it? >> i did not. and if i didn't stay up to that, i'm not staying up for some football game, i'll tell you that. >> my soap opera boys who are here. >> i was thinking about you watching the -- because we hadn't seen the actual end of season two. and i was thinking about what you're missing. there's no way you should not be watching it. >> eventually i will watch it. >> there are. >> i can watch the one that's on. i need to watch it when i -- it's like the new way people view. when you can, when you get a chance. >> did you see that michelle caruso cabrera has the third season on dvd? >> she gave me my soap. >> she did? >> she did. >> she came over the other day. you weren't there at the time, but she was going to show them off. >> yeah. >> let's start with the markets this morning, as well. the s&p retreating from a five-year high yesterday. the stocks finished the session off their lows. u.s. equities are indicated a little weaker. dow futures
that i don't think does any damage to the pro-gun control argument because it was a police officer. i don't think anyone's arguing police officers, perhaps even off duty police officers shouldn't be armed. the second one seems to be much more like the actual situation you get when you have lots and lots of individuals running around trying to play vigilante. >> we picked that story because there are all these conspiracy theorists e-mailing us saying we were afraid to tell that story because they point to that story as a sign or indication of people being armed is a good idea. you say there's more common ground and things that the president could do by executive order that the nra would give a thumbs up to. what do you see? >> i'm much more interested less in the politics of tomorrow than the policies and common ground that can come from it. the president has taken a lot of flak from people like mayor bloomberg for not doing enough on gun control in his administration. there are things like enforcement. for example, 77,000 people have lied on criminal background checks on whether they coul
they should, you're unpatriotic, un-american for attacking the second amendment. >> i think gabby and i, i don't think you can get more american than the two of us. i served in combat, in desert storm, 39 missions over iraq and kuwait. gabby is a former member of congress from a western district, a gun owner who strongly supports the second amendment, but on issues like assault weapons and high capacity magazines and universal background checks, we differ with the nra, with the nra leadership. but in fact, i think a lot of, you know, our positions on this subject, are much in line with the nra membership. >> i think that's true. and i think a lot of people who are with the nra or affiliated with it feel uneasy with the intransigence coming after massacres like sandy hook. i want to play you a clip from my interview with alex jones. it's been watched by over 5 million people now, gone viral, and some people find it entertaining. i didn't. i found it terrifying. let's listen to what he had to say. >> i'm here to tell you, 1776 will commence again if you try to take our firearms. doesn't matter h
with that fact, will you? it's his job to defend this country. and he's done a pretty good job of doing it, don't you think? well, the commander in chief said today he wants a former vietnam enlisted guy to be his secretary of defense, a guy who can't walk through an airport metal detector and not get reminded of the shrapnel he took in that sad but heroic american war. the president wants chuck hagel in that post because he thinks like him and has proven he's got the brains to protect this country. hagel long ago proved he's got the heart. don't you think? i don't hate the people trying to stop the president from picking this guy for the job he needs done at the pentagon, but i do recognize their tactics. they're the same ones they used to push the war in iraq. they say they don't like something he said hagel did 14 years ago about a gay man being put up for ambassador. i don't like it either, but, a, it was 14 years ago, and, b, i don't think it's got anything to do with why the hawks are opposing him. since when is the right wing of this country is caring for gay rights? as bill clinton woul
. but here at "money" we don't whine. we fix things. today's power panel is here to help bridge the budget divide and finally put the mess behind us. >>> plus is slumming it apple's plan for world domination? the iphone supremacy is waning. there is word a lower end model is in the works. is it proof the phone, the iphone is finally past its sell date? we have the latest details. >>> and you get a comeback. you get a comeback. you get a comeback. lance armstrong agrees to a tell-all interview with oprah, in case you didn't know who i was impersonating there. will this resurrect his shattered brand? even when they say it's not it is always about money melissa: all right, first let's take a look at the day's market headlines. alcoa stronger than expected fourth quarter earnings help stocks snap a two-day losing streak. the dow gained 61 points. >>> aig will not sue the u.s. government over its $182 billion bailout. its board of directors refused to join a $25 billion lawsuit led by former aig chief hank greenberg in its entirety. the suit alleges that the government deprived shareholders of
to bypass congress, she is giving him the power to bypass her too. you don't need a trillion dollar magic coin to realize this is nothing less than a high stakes power grab. now, it's not unusual for presidents of either party to try. it is very unusual for so many in both parts to lay down and let him do it. all right, here to hash it out, constitutional expert ilya shapiro and sabrina schafer as well as "the wall street journal"'s steve moore. steve, a disturbing series of events, to put it mildly. >> no question about it, neil. and, look, we have a three-branch system of government in washington. the president is the chief of the executive branch, that means the president doesn't make the laws, he executes the laws that congress passes. and, you know, i'm in austin, texas, today. here in texas everybody's been talking about this. what is with all these executive orders? what gives the president the authority to do this? and the one that, you know, i'm most interested in, obviously, is whether the president will try to unilaterally raise the debt ceiling without approval of congress. an
people believe would be more effective. don't forget, there's a lot of history here and joe biden was the person managing the 1994 crime bill, which included the ban on assault weapons. he remembers what happened to democrats after they got past and lost control of the house. >> where could there be some consensus on this issue? >> again, in talking to administration officials about this, who have been involved in some of these sessions, one source said to me that it would be on the background issue. there seems to be a consensus developing that you can close that gun show loophole, require background checks. and the other area is on these high-capacity magazines. if you could limit those high-capacity magazines, then perhaps that would be another way of going at the assault weapons ban without allowing folks to say, you know what, you're taking away my guns because you wouldn't be taking away their guns. you would be just limiting those high-capacity rounds. >> you don't only need to develop a consensus with the republicans, but amongst the democrats you need a consensus because
to me, a lot to you. >> but when you look at the federal debt, maybe not a lot? >> i don't know. i don't know. and you know what? i don't know -- i don't know how big -- >> but at the beginning of the year, you always see a big -- >> and because everything is always contrainan in the stock market and because people rush in at top, i don't necessarily want it to be really big because if it's really big, people are getting ready to -- so i don't know whether it is big. >> you would also think that people would look at this as the prospects for lows on the interest rates. they would say the bond market isn't where i want to be so i'm going to go out on the risk spectrum a little bit. >> i'm still looking in terms of the earlier numbers. >>> let's get to the top corporate story of the morning. it is boeing. phil lebeau is+++j™n dreamliner. the review is likely to include a study of the design and electrical portions of the plane. we will bring you all that news at 9:00. it's 9:30. there it is. phil will join us from d.c. with more in the next half hour. we'll take a look at boeing shares
don't know why you want to be the criminal's friend. >> what a ridiculous argument. >> larry prapratt, welcome back you. >> thank you for having me. >> why did you agree to come back? >> well, i thought maybe we could help you sell some more newspapers. >> more newspapers? yoo >> increase your viewership. >> we are a television channel you are aware of that? >> i'm sorry yes, of course. >> if you are in the meeting tomorrow with vice president biden tomorrow what would you be saying? >> that the discussion has not been going anywhere that we can tell in a productive way. we are not talking about people defending themselves precisely in these gun-free zones. hopefully, at some point, we are going to come to the realization that repeating the same policy year after year getting the same deadly results is only going to get us the same deadly results the next time >> right, so your solution if you were there in that meeting would be to arm every school, church, hospital, everywhere that members of the public can be? >> you certainly would want to encourage people who are qualified to carr
. people can't just respect you, they have to fear you. if they don't fear you, they will not make the necessary changes. >> is there anybody out there who could be that person? >> too early to tell. we just had an election. people are already starting to talk about the horse race for 2016. you do elections -- >> hillary's up. >> we have a serious, serious problem that we need to address. fiscal, education, immigration, infrastructure, health care costs. i can go on and on. even the guns issue. >> the show is over. thank you for being here. >> it's a pleasure. >>> thank you, david. have a great weekend, everybody. right now it's time for "squawk on the street." >>> good friday morning. welcome to "squawk on the street." i'm carl with melissa lee, jim cramer, david faber at the new york stock exchange. let's look at futures on a friday morning. mild action here. we are paying attention to the mutual fund inflows. as for europe, disappointing industrial production numbers in spain and the uk. but the euro is at a nine-month high this morning. we begin with the s&p, a five-year high.
. >> and congratulations. >> i appreciate it. >> you don't have to be a lawyer to be a supreme court justice. >> making oral arguments any day now on some topic i will rule in jay's favor on. the purple nation this, is no joking matter. we have a president of the united states using executive order bypassing congress to get done what he cannot get done through the legislative process. >> that is a problem. it's a big problem. >> well, it should be illegal. and republicans have not been bashful about doing that. you remember, that the affordable care act known by republicans as obama care. >> i don't know if and some are not. soit should be challenged. and that is what the court ordered. >> it's also, i think the president who is sworn to uphold the constitution and the second amendment could not be anymore clear, we laid out what our founders and framers said bit last night. the president has responsibility himself but he wants to push the envelope. your reaction. >> and you shouldn't be surprised the president said as much. congress didn't snt going to move, he's going to move. take a look. with regar
for the $182 billion in taxpayer money that saved it from i don't even know if bankruptcy's the right word. how about complete and utter obliteration at the height of the financial crisis. aig of course has become a symbol of the financial meltdown of 2008 so it's nice that they are now running ads to thank taxpayers for all that money. >> we repaid every dollar america lent to us. >> everything plus a profit of more than $22 billion. >> for the american people. >> thank you, america. >>> good evening. i'm erin burnett. "outfront" tonight, thank you, america. insurance giant aig says it's very grateful for the $182 billion in taxpayer money that saved it from i don't even know if bankruptcy's the right word. how about complete and utter obliteration at the height of the financial crisis. aig of course has become a symbol of the financial meltdown of 2008 so it's nice that they are now running ads to thank taxpayers for all that money. >> we repaid every dollar america lent to us. >> everything plus a profit of more than $22 billion. >> for the american people. >> thank you, america. >> thank yo
event, you have a diplomatic illness. >> why don't we apply the same standards to school kids. i want to see a doctor's note. >> yeah, i've been doing a lot of work on that. she is the first reported case and it's a very, very severe one. >> very, very severe. what's the medical report on that? >> classy, right? questioning if she was really sick. getting mocked after a serious head injury. but, on the same day she gets back to work, we have a new challenge for the right. we're embarking on chuck hagel's nomination for secretary of defense, a former senator praised by republicans. so what will the knee jerk reaction be to this? i'm going to say optimistic and hope they'll do the right thing. thanks for watching. i'm al sharpton. "hardball" starts right now. >>> hagel for defense chief. let's play "hardball." >> good evening. let me start tonight with president obama. this country's commander in chief. start with that fact, will you? he's done a pretty good job of doing it, don't you think? well, the commander in chief said today he wants a former veelt nam enlisted guy to be his
, with our $1 million service guarantee. don't wait until you become the next victim. you have so much to protect and nothing to lose when you call lifelock now to get two full months of identity theft protection risk free. that's right, 60 days risk-free. use promo code: gethelp. if you're not completely satisfied, notify lifelock and you won't pay a cent. order now and also get this shredder to keep your documents out of the wrong hands-- a $29 dollar value, free. get protected now. call the number on your screen or go to lifelock.com to try lifelock protection risk free for a full 60 days. use promo code: gethelp. plus get this document shredder free-- but only if you act right now. call the number on your screen now! >> opening bell coming up in a few seconds, we're expecting a very small gain for the dow industrials. we've been in a fairly narrow range for some time now for the dow. 13-2, 13-3, round about that level. the big thing on the horizon, of course, is this debt ceiling debate that's going to start, it's already started and that's coming up very soon. and that may be ano
residents like nick camerada, that kind of protection can't come soon enough. >> now that we don't have a seawall down there or any type of protection down at the water, when i rebuild, what's going to stop the next storm? the real money should be spent on protecting the community from the ocean coming back up. there's nothing to stop the next storm from doing basically the same thing to the community, just flooding us, possibly killing us. -- captions by vitac -- www.vitac.com >>> 1776 will commence again if you try to take our firearms. >> the infamous alex jones. how many gun murders were there in great britain? >> how many great white sharks kill people every year but they're scared to swim? >> plus, a man who knows all too well the tragic toll of gun violence. former congressman patrick kennedy. >> i was just disturbed. disturbed as a human being that this is what our civil discourse has come to. >> and i go toe-to-toe with this gun advocate. >> what you're doing is deliberately lying, deliberately twisting it. >> this is "piers morgan tonight." >>> good evening. america's been foc
disappoint a lot of folks. >> well you know what they say, if at first you don't succeed. >> today, republican governor chris christie told matt that the republican party is in trouble. >> but are you happy with the course of the republican party right now? do you think it is head understand the right direction? >> we have lost two national elections, i would say no. we're in politics to win, we need to think about doing something different. >> today, governor chris christie appeared on five morning shows and is also on the cover of this week's issue "time magazine." today, the governor gave the republicans this advice. >> what are you getting right that republicans in washington, d.c. are getting so wrong? what don't they get? >> we're compromising when we need to. i'm in divided government. i have a democratic senate and democratic assembly. so what that means is, i'm not going to get everything i want. >> here is what chris christie thinks of the tea party. >> i don't think they have had too much influence, and i think there is a lot of things -- >> you don't think that is why t
andrew cuomo? >> i'm not against gun control. i don't see civilian use for those big guns and all that. but to think that solves the problem is crazy. can't trust any politician who just proposes gun laws and goes back to sleep. the fact that a deranged person, like the one in newtown, connecticut, could still enter the school with a couple of handguns or a knife or axe. if we're not going to talk about mental health, we're not talking about the problem. >> i want to talk about mental health. i don't know if this kid could've been stopped but he was obviously mentally ill, should have been institutionalized, and i think, mark, i'm going to guess, cuomo mentioned this specifically, i hope the federal legislation deals with this too. it's got to be easier for national documentation for people with mental illness problems and for what i'll call reinstitutionalizing them. they've been out on the street for years and need to go back into the institutions, mark simone, that should be part of the change. >> absolutely, we've cut the number of institutions, the funding, all that sort of stuff
doesn't shoot themselves in the foot in the next two months, which is a possibility, but if they don't, we think the economy is going to do well this year. we think stocks will go higher. inflation is relatively tame, pes relatively low. so even we're at a five-year high, higher and we went down. we think the market is poised to do better over the next year and actually over the next three to five years. >> michael, where are you putting money to work right here at a portfolio manager? >> well, we're putting it all over the place because we run a diversified funds so precious metals, shorter-term bonds because of the potential of higher rates and high grade corporates as well as equity markets, both u.s. and non-u.s. in the short term the stock market can outperform while the economy does not, but in the longer term those two things are going to come back to equilibri equilibrium, so, you know, the market is at a high here, corporate earnings in q3 were very weak. i think q4 earnings will tell a lot, and i think the political dynamic coming up in march is going to be interesting. i d
're at a disadvantage? >> they're at a huge disadvantage. they expected this to happen. i don't know how far -- they were all focussing on 2015. we'll see. >> and wouven my resolutions was i was going to start stepping out a little fashionwise. so i put this on today. it's not white. it's not blue. it's pink. and i am trying to set some new ground for myself and then -- i mean, i look at that thing that -- why are you on me? why are you on me? who is directing? >> go to andrew. thank you. >> it's a gray shirt. >> can you get any closer on that? >> it looks better -- you have to see the pattern. and then the collar itself, that's one of four different collars you can have on that shirt,ite? that comes off, right? >> no. >> that's one of those detachable. >> i think it does look better on camera. >> it's okay. >> when i look at it on camera, take another shot from andrew's head on. >> does it steal my thunder, sort of? >> it looks better on camera. it really does. >> that's a backhanded compliment. >> no, but we talk about that all the time. it looks better on camera. that looks good on camera
you have to - on >> john: would you support the debt ceiling. >> i don't support not dealing with the program. this whole, the way this town works and the fiscal cliff deal, the only winners were washington, they got more money and the folk necessary ohio lost rev snaul business owners had money taken from them. politicians in washington win. 10 or 7 of the 10 wealthiest counties are in the dc area . mr. van hollen res one of those areas it is about time to say stop the madness and cut up the credit card and we want a solution. >> guest: a couple of points. sequester was replaced two months and not kicked down the road. >> guest: it was kicked down the road. >> guest: no, jim, you have to get the facts straight. >> guest: i have them straight. >> guest: we have 24 billion in deficit reduction. halfful it was cut and the model going forward is to continue to do balanced approach of cuts and revenue. america didn't go over the fiscal cliff. i know you voted not to go over the fiscal cliff. >> guest:ip voted not to raise taxes on anyone. the president could have stopped it you w
nobody should have a machine gun. guess what, people don't get killed anymore with machine guns. we're not talking about incidences with hand grenades. we can make practical decisions. we can pass practical laws where most people would agree let's get that done. let's get rid of these magazines. no one should be able to buy any guns in america without a background check. it's pretty simple stuff. you know, we do background checks for just about everything. we don't with dough to for everyone purchase of a gun. >> who is coming at you when you make these statements? >> my state is pretty aggressive. but here is a big problem for us. you know, people from connecticut buy guns in our center cities, inner cities, that have been transported here having been purchased at gun shows where there's no background check and very little record keeping in places like florida and virginia and they work their way up 95, as they do, by the way, go right through d.c. and some of them jump off there as well. let's just close this. let's decide that, you know, some people should have guns and some peop
, and tireless dedication to his public office and millie 55 many tons of the organization's. i don't understand what any of that had to do with being a great father. >> away to raise -- >> god bless them. >> the national father's day council. he is a huge draw and still is. a luncheon in june. probably 200, 300 -- melissa: to a half to ask how monica lewinsky figures into all that? >> let's leave it out there. an interesting choice. melissa: father of the year? do you think her father would agree? >> the mom was just in the hospital. the daughter. look, it's a way to make money. they need a headline. melissa: well, the show is called "money." all right. we have to go. that's all the "money" we have for you today. the c becker tomorrow. "the willis report" is coming up next. ♪ gerri: tonight, the white house planning to use executive power to limit gun owner rights in this country. and the number one goal of american millionaires. the surprising answer to a new survey. welcome to "the willis report." ♪ hello, everybody. i'm gerri willis. the consumer financial protection bureau rolling out n
a chance to speak for himself. why all the prejudging, i don't know. >> the senate officially rejected nine cabinet nominations since 1834. the last cabinet nominee rejected by the senate was john tower, nominee for secretary of defense in 1989. >>steve: we also know he was for the iraq war but then was against the iraq war, and then said the surge would never work. then when it worked, he never admitted that it worked. >> that's right. he's been on the intelligence advisory committee of the president and the president feels very close to him. brian. >>brian: all right. thank you very much. meanwhile, let's talk a little bit about this. it's a little rehash of the fiscal cliff. shortly after that was actually passed, our friend steven moore from the "wall street journal" sat down with john boehner, speaker of the house, who was shortly -- after he sat down -- before reelected. john boehner revealed essentially the president's mind-set. john boehner kept talking about, look, mr. president, we've got a spending problem in this country. and the president said we don't have a spending problem.
hill, that could mean trouble. >> i don't see him grabbing a mike which is what i want. i think one of the things that really hurt this whole process is people coming in front of a microphone saying that the talks are bad. leave it in the locker room. especially if you're looking at it as an investor. what really 457ed in the fourth quarter. owning stock, making decisions and someone would come on air and say this is a disaster, no way we could -- i just want quiet. even if it's no, no, no, i want quiet. maybe this man, forest hills man -- >> forest hills high school, too. queen, baby. got to bring inthe hometown. probably a mets fan like me, so he has that going for him, too. but -- >> that could be no, no, no. >> obama in a tough place. could you nominate a former banker? unlikely. could you nominate a ceo? >> i thought they could do dave cody. there's a story in the "new york times" about how everyone has a vested interest. i know dave cody personally and professionally. his vested interest in anyone who read his white paper is to cut trillions out of the budget so we do not beco
've had a 16% run in the u.s. equity market and i don't feel like anybody celebrate that had at all. professional investors have gotten more bullish and individual investors still remain sidelined. lots of cash sitting out there. we know there's issues at hand and know the fiscal cliff is coming down the pike but more importantly the global growth story still remains intact. it is going to have a fair amount of bumps but through the bumps we're looking at using those types of opportunities to add risk assets to client portfolios. >> absolutely our share of issues. talk about this in my observation at the end of the show. rick, a lot of optimism about the direction of this market. you just can't fight the fed. where do you think interest rates are going to do, and that's going to dictate where you want to put your money because we're talking about zero returns elsewhere. >> yeah, i'll tell you what. here's the way i look at it. i think that we're going to have a giant hiccup in the form of activity slowing due to some of the things embedded in the grand bargain at the end of the year
finale, those who don't follow the game might ask for a timeout for an explanation. fortunately for them, our bill geist will be here to help. >> reporter: friends do you find that people at this time of year always treat you like you're invisible or some sort of space alien just because you don't know football? >> this is our goal line. we have four downs right? >> reporter: attend a free crash course for football dummies later on sunday morning. >> we can either run it or pass it for two. >> reporter: you'll be amazed at the results. so will your family, friends and coworkers. >> this is called a helmet. and the helmet fits on your head. >> osgood: rit a braver looks at the past and future of exploration by "national geographic." steve hartman shows us snow flakes that comfort and heel. faith salie struggles to create the perfect computer password and more. but first here are the headlines for this sunday morning the 13th of january 2013. today is the first anniversary of the giant cruise ship cost a concordia going aground off the rocks off tuscany. there was a mass and moments of sil
don't seek portfolio protection if you have concerns about the market. 3m, my final trade. i like pete's quality. >> i think can you stick with apple here. i think the stock is acting fine. but my final trade is ebay. i think the stock goes a lot higher. >> dow is up 55. s&p up 3. more earnings after the bell today. big bank earnings next week. catch more "fast money" tonight. follow me on twiter. "power lunch" is all over the markets for the next hour and that show is going to begin with bill. i mean, with tyler. and sue. right now. >> "halftime" is over. the second half of the trading day starts now. >> bill griffith often imitated, never duplicated. i'm tyler mathis. it is an hour of power filled with questions and answers. here are three for you right now. first, will white house chief of staff jack lou be the next second? lot of people saying yes. well get you the answer. second, you can bank, or can you, on solid earns on the solid sector? we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-
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